Group Policy - How powerful is it really?

I've got a couple of things I want to ask in relation to what I can and
cannot do with Group Policy. So, here goes:

1. Can I disable the usage of USB drives?
2. Can I disable the usage of Floppy drives?
3. Can I control the network shares on my Workstations?
4. Can I control the local users on systems? Group membership, etc....

If any of ye guru's know the answer can ye let me know if its possible and
how I would go about doing it.

a.. Scripts - Startup/Shutdown: Use this extension to specify the scripts
that run when you start and shut down the computer. This extension is
located under the Computer Configuration node. These scripts run on the
Local System account.
a.. Scripts - Logon/Logoff. Use this extension to specify the scripts that
run when a user logs on or logs off the computer. This extension is located
under the User Configuration node.

The two properties are Members and Member Of. The Members list defines who
should and should not belong to the restricted group. The Member Of list
specifies which other groups the restricted group should belong to.

When a restricted Group Policy is enforced, any current member of a
restricted group that is not on the Members list is removed. Any user on the
Members list which is not currently a member of the restricted group is
added.

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